What are the taxes for companies and individuals?

November 07, 2018

The UAE has no income tax for individuals. As for the tax on corporate profits, it is charged only from banks and the activities related to oil industry and tourism.

Companies registered in the UAE Free Trade Zones are not subjected to corporate taxation There are no fees related to the payment of wages. In addition to the above, companies have significantly reduced paperwork with regards to invoicing, acts of completion, reporting to different institutions et cetera. No tax inspections, audits, any bribes or the risks that the company will stop working for some reason. If you properly organized your business, obtained the necessary licenses, feel free to make business!

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